Porter has been predicting the most promising emerging trends and the most influential economic forces affecting the market – with uncanny accuracy – for the past 14 years.
Below are some of his career highlights:
1) Predicting the collapse of Fannie Mae and Freddie Mac in June 2008. From his Investment Advisory: “Fannie Mae and Freddie Mac, the two largest and most leveraged owners of U.S. mortgages are sure to go bankrupt in the next 12 months.”
Just three months later, both enterprises had to be bailed out by the government. Porter’s accurate call was later featured in Barron’s: “Nothing, as far as we can see, has happened to contradict his dire prophesy.”
2) Predicting the collapse of General Motors in late 2007. He warned of the financial crisis about to come, and in August 2008, he told readers: “GM is now in a death spiral.”
By December 2008, GM was down 88%, trading at an all-time low.
3) In 2007, Porter pointed out Hershey as one of the world’s most capital-efficient companies. (Read more about his Hershey recommendation and capital efficiency here.)
4) Predicting the demise of the original AT&T.
5) Porter and his team of analysts were among the first to write about the size and importance of the emerging shale-oil plays. In the April 2010 issue of Stansberry’s Investment Advisory, he predicted the Eagle Ford would become the largest producing oilfield in history.